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Banking Act 1987 (repealed)
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Changes over time for: Section 65
Version Superseded: 01/06/1998
Alternative versions:
- 01/02/1991- Amendment
- 01/07/1995- Amendment
- 01/01/1996
Point in time - 01/06/1998- Amendment
- Stop date 01/12/2001- Amendment
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65 Power to obtain information.U.K.
(1)If required to do so by a request in writing made by the Board, the Bank may by notice in writing served on a contributory institution require the institution, within such time and at such place as may be specified in the notice, to provide the Board with such information and to produce to it such documents, or documents of such a description, as the Board may reasonably require for the purpose of determining the contributions of the institution under this Part of this Act.
[F1(2)Subsections (4), (5), (11) and (13) of section 39 above shall have effect in relation to any requirement imposed under subsection (1) above on a UK institution or participating non-EEA institution as they have effect in relation to a requirement imposed under this section.]
(3)The Board may by notice in writing served on [F2an insolvent institution or, where a person has been appointed as liquidator or administrator of such an institution, on that person, require the institution or person], at such time or times and at such place as may be specified in the notice—
(a)to provide the Board with such information; and
(b)to produce to the Board such documents specified in the notice,
as the Board may reasonably require to enable it to carry out its functions under this Part of this Act.
(4)Where, as a result of an institution [F3being wound up], any documents have come into the possession of the Official Receiver or, in Northern Ireland, [F3the Official Receiver for Northern Ireland], he shall permit any person duly authorised by the Board to inspect the documents for the purpose of establishing—
(a)the identity of those of the institution’s depositors to whom the Board are liable to make a payment under section 58 above; and
(b)the amount of the protected deposit held by each of the depositors.
Textual Amendments
F1S. 65(2) substituted (1.7.1995) by S.I. 1995/1442, regs. 35(1), 53(1), 54(2)
F2Words in s. 65(3) substituted (1.7.1995) by S.I. 1995/1442, regs. 35(2), 53(1), 54(2)
F3Words in s. 65(4) substituted (1.7.1995) by S.I. 1995/1442, regs. 35(3), 53(1), 54(2)
Modifications etc. (not altering text)
C1S. 65: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).
C2S. 65: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).
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